People's United: The stock price is fluctuating abnormally, the controlling shareholder plans to reduce their shareholding by no more than 1%.
People's United Announcement: The company's stock experienced abnormal fluctuations as the closing prices fell by a cumulative 20% over 3 consecutive trading days from November 19 to 21, 2025. After self-inspection and inquiries with the controlling and indirectly controlling shareholders, it was found that there is no undisclosed significant information that should be disclosed and that the current business operations are normal with no changes in the main business. In addition, the controlling shareholder of the company, Haoyao Pharmaceutical, plans to reduce its holdings by no more than 5,798,800 shares, representing less than 1% of the total share capital, through centralized auction trading from December 11, 2025 to March 10, 2026, remaining as the controlling shareholder after the reduction. Investors are reminded to be cautious of trading risks and to invest rationally.
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